1042 NW 8th Ave Fort Lauderdale, FL 33311
South Middle River Neighborhood
--
Bed
--
Bath
2,662
Sq Ft
6,752
Sq Ft Lot
Highlights
- No HOA
- Ceramic Tile Flooring
- 1-Story Property
- Cooling Available
- Heating Available
About This Home
As of January 2025INVESTOR'S DREAM – TURNKEY INCOME PROPERTY! Offering two 3 bed/2 bath units, with large master bedrooms. Newer A/C units (2019 & 2024), new roof (2018), USB-C outlets in each room, updated kitchen and bathrooms, unit 1 includes barn doors in bedrooms. Separate water & electricity meters, meaning tenants cover their own utilities – making a more passive, low-maintenance investment. Strong cash flow potential or save money with owner-occupancy. This is a perfect opportunity for first-time investors or those looking to expand their portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,448
Year Built
- Built in 1981
Parking
- 5 Parking Spaces
Home Design
- Duplex
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,662 Sq Ft Home
- 1-Story Property
Flooring
- Ceramic Tile
- Vinyl
Utilities
- Cooling Available
- Heating Available
Community Details
- No Home Owners Association
- 2 Units
- Progresso Condos
- Progresso Subdivision
Listing and Financial Details
- Assessor Parcel Number 494234051480
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $630,000 | -3.1% | $237 / Sq Ft |
| 01/28/2025 01/28/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $650,000 | 0.0% | $244 / Sq Ft |
| 12/26/2024 12/26/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | For Sale | $650,000 | +3.2% | $244 / Sq Ft |
| 10/30/2024 10/30/24 | Off Market | $630,000 | -- | -- |
| 10/29/2024 10/29/24 | For Sale | $650,000 | +56.6% | $244 / Sq Ft |
| 01/25/2021 01/25/21 | Sold | $415,000 | +2.5% | $163 / Sq Ft |
| 12/26/2020 12/26/20 | Pending | -- | -- | -- |
| 10/16/2020 10/16/20 | For Sale | $405,000 | +20.9% | $159 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $335,000 | +3.1% | $131 / Sq Ft |
| 07/06/2019 07/06/19 | Pending | -- | -- | -- |
| 06/20/2019 06/20/19 | Price Changed | $325,000 | 0.0% | $127 / Sq Ft |
| 06/20/2019 06/20/19 | For Sale | $325,000 | +8.7% | $127 / Sq Ft |
| 01/14/2019 01/14/19 | Pending | -- | -- | -- |
| 12/12/2018 12/12/18 | For Sale | $299,000 | 0.0% | $117 / Sq Ft |
| 04/01/2016 04/01/16 | Rented | $1,400 | -- | -- |
| 03/21/2016 03/21/16 | Under Contract | -- | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,259 | $464,350 | $33,790 | $430,560 |
| 2024 | $8,448 | $444,220 | $33,790 | $410,430 |
| 2023 | $8,448 | $383,850 | $33,790 | $350,060 |
| 2022 | $7,879 | $363,730 | $33,790 | $329,940 |
| 2021 | $6,810 | $306,710 | $33,790 | $272,920 |
| 2020 | $6,511 | $292,170 | $33,790 | $258,380 |
| 2019 | $4,930 | $231,800 | $33,790 | $198,010 |
| 2018 | $5,400 | $275,400 | $33,790 | $241,610 |
| 2017 | $4,977 | $241,700 | $0 | $0 |
| 2016 | $4,642 | $216,780 | $0 | $0 |
| 2015 | $4,037 | $182,920 | $0 | $0 |
| 2014 | $3,331 | $144,240 | $0 | $0 |
| 2013 | -- | $97,850 | $33,790 | $64,060 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $630,000 | New Conventional | |
| Previous Owner | $407,483 | FHA | |
| Previous Owner | $251,250 | New Conventional | |
| Previous Owner | $262,500 | Commercial | |
| Previous Owner | $50,000 | Balloon | |
| Previous Owner | $50,000 | Amount Keyed Is An Aggregate Amount | |
| Previous Owner | $5,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,225 | Commercial | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $120,000 | Unknown | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $105,000 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $630,000 | None Listed On Document | |
| Warranty Deed | $415,000 | The Title Team Llc | |
| Warranty Deed | $335,000 | Capital Title Inc | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | $130,000 | Servicelink Llc | |
| Trustee Deed | $161,200 | None Available | |
| Deed | -- | None Available | |
| Deed | $78,500 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $140,000 | -- | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Similar Home in Fort Lauderdale, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11684338
APN: 49-42-34-05-1480
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